Attached files
Exhibit 99.1
Carpenter Technology Corporation
Business Segment Data
(Unaudited)
| ($ in millions) | Three Months Ended | |||||||||||||||||||
| September 30, 2011 |
June 30, 2011 |
March 31, 2011 |
December 31, 2010 |
September 30, 2010 |
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| Net Sales |
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| Specialty Alloys Operations |
$ | 335.8 | $ | 408.2 | $ | 400.1 | $ | 325.8 | $ | 297.1 | ||||||||||
| Performance Engineered Products |
84.2 | 82.3 | 71.4 | 45.4 | 49.1 | |||||||||||||||
| Other |
10.2 | 10.2 | 10.0 | 9.2 | 9.3 | |||||||||||||||
| Intersegment |
(16.1 | ) | (17.1 | ) | (17.3 | ) | (4.8 | ) | (3.8 | ) | ||||||||||
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| Consolidated net sales |
$ | 414.1 | $ | 483.6 | $ | 464.2 | $ | 375.6 | $ | 351.7 | ||||||||||
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| Operating Income |
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| Specialty Alloys Operations |
$ | 46.3 | $ | 44.5 | $ | 42.1 | $ | 26.7 | $ | 26.0 | ||||||||||
| Performance Engineered Products |
11.8 | 12.2 | 11.4 | 4.7 | 6.7 | |||||||||||||||
| Other |
0.6 | 0.6 | 1.2 | 0.2 | 0.2 | |||||||||||||||
| Corporate Costs |
(10.2 | ) | (12.5 | ) | (9.0 | ) | (10.6 | ) | (9.9 | ) | ||||||||||
| Pension, earnings, interest and deferrals |
(3.6 | ) | (8.8 | ) | (8.8 | ) | (8.8 | ) | (8.8 | ) | ||||||||||
| Intersegment |
(0.9 | ) | (1.0 | ) | (1.7 | ) | (0.1 | ) | (0.1 | ) | ||||||||||
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| Consolidated operating income |
$ | 44.0 | $ | 35.0 | $ | 35.2 | $ | 12.1 | $ | 14.1 | ||||||||||
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| Total Assets |
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| Specialty Alloys Operations |
$ | 1,270.5 | $ | 1,186.2 | $ | 1,211.0 | $ | 1,141.1 | $ | 1,104.8 | ||||||||||
| Performance Engineered Products |
336.3 | 319.6 | 298.0 | 267.1 | 191.2 | |||||||||||||||
| Other |
28.7 | 29.9 | 29.1 | 28.0 | 29.9 | |||||||||||||||
| Corporate |
247.5 | 471.7 | 197.3 | 207.1 | 312.6 | |||||||||||||||
| Intersegment |
(7.5 | ) | (15.5 | ) | (29.0 | ) | (13.3 | ) | (6.1 | ) | ||||||||||
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| Consolidated total assets |
$ | 1,875.5 | $ | 1,991.9 | $ | 1,706.4 | $ | 1,630.0 | $ | 1,632.4 | ||||||||||
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| Depreciation and Amortization |
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| Specialty Alloys Operations |
$ | 13.1 | $ | 13.4 | $ | 13.0 | $ | 12.4 | $ | 12.4 | ||||||||||
| Performance Engineered Products |
4.2 | 3.8 | 3.5 | 1.4 | 1.4 | |||||||||||||||
| Other |
0.1 | 0.1 | 0.1 | 0.1 | 0.1 | |||||||||||||||
| Corporate |
1.2 | 1.2 | 1.2 | 1.2 | 1.2 | |||||||||||||||
| Intersegment |
(0.1 | ) | — | — | — | — | ||||||||||||||
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| Consolidated depreciation and amortization |
$ | 18.5 | $ | 18.5 | $ | 17.8 | $ | 15.1 | $ | 15.1 | ||||||||||
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| Capital expenditures |
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| Specialty Alloys Operations |
$ | 17.6 | $ | 28.0 | $ | 9.9 | $ | 7.1 | $ | 6.6 | ||||||||||
| Performance Engineered Products |
8.7 | 14.0 | 8.2 | 1.7 | 1.0 | |||||||||||||||
| Other |
— | 0.1 | — | 0.2 | — | |||||||||||||||
| Corporate |
1.7 | 2.4 | 0.4 | 0.6 | 0.5 | |||||||||||||||
| Intersegment |
(0.7 | ) | (0.5 | ) | (0.6 | ) | — | — | ||||||||||||
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| Consolidated capital expenditures |
$ | 27.3 | $ | 44.0 | $ | 17.9 | $ | 9.6 | $ | 8.1 | ||||||||||
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| Year Ended June 30, | ||||||||
| 2011 | 2010 | |||||||
| Net Sales |
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| Specialty Alloys Operations |
$ | 1,431.3 | $ | 1,017.6 | ||||
| Performance Engineered Products |
248.3 | 157.7 | ||||||
| Other |
38.7 | 32.6 | ||||||
| Intersegment |
(43.2 | ) | (9.3 | ) | ||||
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| Consolidated net sales |
$ | 1,675.1 | $ | 1,198.6 | ||||
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| Operating income |
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| Specialty Alloys Operations |
$ | 139.3 | $ | 65.2 | ||||
| Performance Engineered Products |
35.0 | 17.1 | ||||||
| Other |
2.2 | 0.7 | ||||||
| Corporate Costs |
(42.0 | ) | (33.4 | ) | ||||
| Pension, earnings, interest and deferrals |
(35.2 | ) | (38.0 | ) | ||||
| Intersegment |
(2.9 | ) | 0.1 | |||||
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| Consolidated operating income |
$ | 96.4 | $ | 11.7 | ||||
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| Depreciation and Amortization |
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| Specialty Alloys Operations |
$ | 51.1 | $ | 47.8 | ||||
| Performance Engineered Products |
10.1 | 5.5 | ||||||
| Other |
0.3 | 0.3 | ||||||
| Corporate |
5.0 | 5.5 | ||||||
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| Consolidated depreciation and amortization |
$ | 66.5 | $ | 59.1 | ||||
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| Capital expenditures |
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| Specialty Alloys Operations |
$ | 51.6 | $ | 38.1 | ||||
| Performance Engineered Products |
24.8 | 3.2 | ||||||
| Other |
0.4 | 0.2 | ||||||
| Corporate |
3.9 | 2.7 | ||||||
| Intersegment |
(1.1 | ) | — | |||||
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| Consolidated capital expenditures |
$ | 79.6 | $ | 44.2 | ||||
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